This week, bitcoin awoke from its slumber, springing out of bed. Going in, bitcoin volatility was as compressed as it has been in a decade, with BVOL 7D at 2.82, the sixth-lowest reading in ten years, described at the time as a “historically stretched elastic band.” Fidelity’s Jurrien Timmer, writing days before the move, had…
This week, bitcoin awoke from its slumber, springing out of bed. Going in, bitcoin volatility was as compressed as it has been in a decade, with BVOL 7D at 2.82, the sixth-lowest reading in ten years, described at the time as a “historically stretched elastic band.” Fidelity’s Jurrien Timmer, writing days before the move, had […]
Source: https://news.bitcoin.com/opinion-and-analysis/digital-gold-stirs-at-last-week-in-review/
